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Beachfront Commercial Plaza with Beach Club Heart of Las Terrenas
$4,750,000
600m² Building
3,800m² Land
12Parking
Description
Beachfront Commercial Plaza and Beach Club, Central Las Terrenas
A fully operating open-air commercial plaza on 3,800 m² (about 1 acre) of land, with wide, direct beach frontage in the center of Las Terrenas. It is connected to the Fisherman's Village by a pedestrian and vehicle bridge and surrounded by several high-traffic streets.
Three connected buildings (about 600 m² built) hold 24 commercial units, including Mexican and Thai restaurants, real estate offices, clothing boutiques, a nightclub and a diving school. ETNO Beach Club anchors the plaza directly on the sand.
Income
Twenty of th...
Highlights
Direct Beachfront
Ocean View
ReferenceAVS-711498
PriceUS$4,750,000
Type of Commercial PropertyCommercial
ConditionCompleted
Building Area600 m²
Land Area3,800 m²
BeachfrontDirect Beachfront
ViewOcean / Sea
Water SupplyWater Tank
Title VerificationInfo Not Provided
CAM FeesUSD $1,800
Parking Places12
Property Price$4,750,000
Down Payment (20%)$950,000
Loan Amount$3,800,000
20%
10%50%
9.5%
6%14%
20 years
Estimated Monthly Payment$0
Total of 240 payments$0
Total interest paid$0
Transfer Tax (3%)$142,500
Legal & Notary Fees (~1.5%)$71,250
Bank Fees (~1%)$47,500
Appraisal Fee$350
Total Cash Needed at Closing$1,211,600
* Estimates only. Actual rates and fees may vary by lender. Contact a local bank for exact terms.
External ListingLas Terrenas, Samaná
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